Survey: Younger Koreans More Likely to Invest in Crypto Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea.… Read More
Kakao Confirms Creation of Blockchain Platform, Denies ICO Rumor South Korean internet giant Kakao has confirmed it is setting up a new blockchain subsidiary, but quashed rumors of a planned initial coin offering.… Read More
Korean Regulators to Probe Banks’ AML Measures for Crypto Exchanges Two South Korean regulators are reportedly launching an investigation of banks’ implementation of anti-money laundering procedures for exchanges. … Read More
South Korean Financial Watchdog Touts Blockchain in Fintech Plans South Korea’s Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.… Read More
Korea Telecom Announces Blockchain For Network Security South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network. … Read More
South Korea Raids 3 Crypto Exchanges in Embezzlement Probe South Korean prosecutors reportedly raided the offices of three cryptocurrency exchanges on suspicion of siphoning off funds from customers’ accounts.… Read More
Report: South Korea Could Ease Its ICO Ban South Korea’s ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report.… Read More
Korean Messaging Giant Kakao to Launch Blockchain Subsidiary South Korean internet giant Kakao, which owns the popular messaging app Kakao Talk, is reportedly moving to integrate blockchain in its business.… Read More
Bitcoin’s ‘Kimchi Premium’ Has All But Evaporated CoinDesk data shows that the gap between South Korea’s bitcoin prices, and those shown by the global market, closed over the course of February.… Read More
South Korean Bank Trials Ripple for Overseas Remittances South Korea’s Wooribank has reportedly completed an overseas remittance test using Ripple’s DLT solution.… Read More